Skip to main content

About your Search

Search Results 0 to 2 of about 3
Nov 28, 2012 3:00pm EST
fall under simpson-bowles just in the year 2015, starting with drug rebates under medicare part d. that money would come from the drug companies themselves, likely $6 billion just in the year of 2015. a change in inflation measure, that means that beneficiaries of medicare and medicaid might get less money going forward. that's $3 billion. cuts in farm subsidies, that's big. those guys would lose $3 billion that year. eliminating the in-school interest subsidy for student loans. that's a popular one for those folks who have taken out student loans but who are still in school. that would be a big hit, again, to those people taking student loans. clearly, there are going to be some unpopular political choices here. there's a lot of stuff that's very unpopular politically already in the simpson-bowles plan, which is what a lot of people here in washington are talking about as a starting point. don't forget, there's another very difficult conversation still to come, guys. >> no doubt, eamon. thanks so much. meantime t our next guest is one of the fix the debt ceos and wants more focus
Nov 27, 2012 3:00pm EST
congressman who's unwilling to make any cuts to social security and medicare. if more sign on to his way of thinking, are we sure to go over the fiscal cliff? >>> defense companies are hoarding cash ahead of the fiscal cliff as well. could they be the next companies to reward shareholders with big, special dividends, or are they worried they'll need the cash because a bad storm is approaching courtesy of the fiscal cliff? back in a moment. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 all this with no trade minimums. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account with a $50,000 depos
Nov 26, 2012 3:00pm EST
understand medicare say bigger problem than social security but it's all part of the same discussion in the end. >> yes, exactly it is. look, social security is not solvent over 75-year window. it's solvent for a reasonably short period of time but it needs more money to pay the benefits it's promised. either benefits have to be cut or revenue has to be increased. whatever -- however they describe the tract that negotiation is on, it is part of the long-term entitlement challenge washington and congress has to solve. >> all right. see if we could really be worried about them talking about taking it off the table. >>> fears of the fiscal cliff we're talking about right now, weak demand dragging down energy prices today. sharon epperson at the nymex. >> oil prices are falling waiting for more news to come out of the recent range. we are looking at a decline in crude oil, the wti contract and brent crude prices. the fact we're still waiting for a deal in greece, the fact we're waiting for major economic news here in the u.s. and the fact we're still waiting to see what wloo this truce h
Search Results 0 to 2 of about 3